Food Bank Of The State College Area Inc
- Assets
- $7.3m
- Revenue
- $2.9m
- Investments
- $483.1k
- Employees
- 0
- Location
- State College, PA
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 25-1769950
Organization Overview
Food Bank Of The State College Area Inc is located in State College, PA. The organization was established in 1995. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of The State College Area Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Food Bank Of The State College Area Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 19.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Food Bank Of The State College Area Inc has awarded 15 individual grants totaling $372,219. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD SECURITY, DIRECTLY AND INDIRECTLY, TO PEOPLE IN CENTRE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIENTS MAY UTILIZE SERVICES MONTHLY WITH A MINIMUM OF THIRTY DAYS BETWEEN VISITS. ALL CLIENTS MUST PROVIDE PROOF OF RESIDENCY FOR ALL ADULTS AND CHILDREN WHO RESIDE IN A HOUSEHOLD, HAVE A REFERRAL FROM ONE OF THE STATE COLLEGE FOOD BANK DESIGNATED PARTNERS OR DIRECTLY FROM A STATE COLLEGE FOOD BANK STAFF MEMBER, AND SIGN A "SELF-DECLARATION OF NEED" FORM. "WALK-IN" CLIENTS MAY RECEIVE A ONE-TIME DISTRIBUTION BUT MUST MEET WITH ONE OF THE FOOD BANK DESIGNATED PARTNERS AND HAVE A WRITTEN REFERRAL BEFORE THEY RETURN.CONTINUED ON SCHEDULE O.CLIENTS RECEIVE APPROXIMATELY A 7-14 DAY SUPPLY OF GROCERIES. THE SIZE OF THE FOOD DISTRIBUTION CORRESPONDS TO THE NUMBER OF PEOPLE IN THE HOUSEHOLD. IN ADDITION TO NON-PERISHABLE FOODS, GROCERY ORDERS INCLUDE MILK, EGGS, BREAD AND FROZEN MEAT. THE STATE COLLEGE FOOD BANK ALSO INDIRECTLY HELPS THROUGHOUT THE ENTIRE COUNTY. THIS IS DONE VIA GIVING SUPPORT TO OTHER COUNTY FOOD PANTRIES AND DISTRIBUTIONS, SPONSORING AND MAINTAINING THE HELPING HANDS PANTRY WITH STATE COLLEGE AREA SCHOOL DISTRICT, HELPING MAINTAIN THE 24-HOUR EMERGENCY FOOD PANTRY AT CENTRE HELPS, SUPPORTING PENN STATE UNIVERSITY'S ON-CAMPUS FOOD PANTRY AS REQUESTED, AND HELPING OTHER AGENCIES WITH FOOD NEEDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jens Thorsen President | OfficerTrustee | 5 | $0 |
Gail Hurley Vice President | OfficerTrustee | 2 | $0 |
Cindy Polinski Secretary | OfficerTrustee | 2 | $0 |
Adam Fleming Treasurer | OfficerTrustee | 2 | $0 |
Seria Chatters Board Member | Trustee | 2 | $0 |
Kelly Ernico Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $42,082 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $70,790 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,701,749 |
| Noncash contributions included in lines 1a–1f | $941,035 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,814,621 |
| Total Program Service Revenue | $0 |
| Investment income | $54,069 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,848 |
| Net Gain/Loss on Asset Sales | -$13,578 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,883,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $89,894 |
| Grants and other assistance to domestic individuals. | $771,171 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,328 |
| Compensation of current officers, directors, key employees. | $7,933 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,326 |
| Pension plan accruals and contributions | $7,868 |
| Other employee benefits | $3,000 |
| Payroll taxes | $21,252 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,437 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,765 |
| Information technology | $7,520 |
| Royalties | $0 |
| Occupancy | $83,076 |
| Travel | $3,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,133 |
| Interest | $3,196 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,498 |
| Insurance | $3,457 |
| All other expenses | $0 |
| Total functional expenses | $1,684,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218 |
| Savings and temporary cash investments | $1,465,628 |
| Pledges and grants receivable | $346,589 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,219 |
| Prepaid expenses and deferred charges | $3,970 |
| Net Land, buildings, and equipment | $4,964,702 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $483,113 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,268,439 |
| Accounts payable and accrued expenses | $1,140,063 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,140,063 |
| Net assets without donor restrictions | $5,166,463 |
| Net assets with donor restrictions | $961,913 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,268,439 |
Grants Awarded
Over the last fiscal year, Food Bank Of The State College Area Inc has awarded $78,852 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MT NITTANY RESIDENCE PURPOSE: FOOD RELIEF | $67,503 |
ST ANDREW'S COMMUNITY CAFE PURPOSE: FOOD RELIEF | $5,606 |
EASTERSEALS PURPOSE: FOOD RELIEF | $5,743 |